The Border Crossing Just Paid an Annual Dividend of $4

The Border Crossing just paid an annual dividend of $4.20 per share and is expected to pay annual dividends of $4.40 and $4.50 per share the next two years, respectively. After that, the firm expects to maintain a constant dividend growth rate of 2 percent per year. What is the value of this stock today if the required return is 14 percent?

A) $30.04
B) $32.18
C) $33.33
D) $35.80
E) $36.75